Market
Cardano Rolls Out Chang Fork and More

This week in crypto has seen significant advancements, with Polygon’s MATIC token transitioning to POL as part of its 2.0 roadmap and Cardano’s much-anticipated Chang hard fork going live.
These updates mark major steps toward enhanced decentralization and governance improvements for both blockchain ecosystems.
Shiba Inu’s DAO Proposes New Directions for Funds
The Shiba Inu community is currently voting on a proposal to allocate 37.5 ETH (approximately $100,000) received from its partnership with Welly’s. Shiba Inu’s lead developer, Shytoshi Kusama, called on the decentralized autonomous organization (DAO) to vote on how best to use the funds.
The community has four options to consider. The first involves placing the funds in a new multisig wallet, allowing a group of individuals to manage the assets, with decisions directed by the DAO.
Another option proposes using the funds to burn SHIB tokens, while the third suggests funding a community project. The final option would be for the wallet holder to retain the assets and halt future funding.
Snapshot data shows that the majority of voters support the first option, with 78 billion SHIB tokens representing 84.95% of the votes. Meanwhile, the second option received 14 billion SHIB tokens, equivalent to 15.05% of the total. This vote is part of a broader effort to ensure transparency and decentralization in Shiba Inu’s ecosystem, transitioning the DAO from its V1 to V2 phase.
Read more: How To Buy Shiba Inu (SHIB) and Everything You Need To Know

21Shares Launches Wrapped Bitcoin on Ethereum
In other news, 21Shares has expanded its Wrapped Bitcoin (WBTC) product to the Ethereum blockchain. Following its successful launch on Solana, the new Ethereum-based Wrapped Bitcoin (branded 21BTC) aims to provide a more secure and decentralized way for users to engage with decentralized applications (dApps).
Unlike traditional Wrapped Bitcoin models, which rely on a “lock-and-mint” approach, 21BTC prioritizes cold storage solutions, enhancing security. The launch comes amid investor concerns over recent developments in the custody of Wrapped Bitcoin, especially in light of BitGo’s shift to a multi-jurisdictional model.
Despite these concerns, 21Shares is positioning 21BTC as a more secure alternative, with institutional-grade custody designed to mitigate the risks commonly associated with cross-chain bridges.
Trump Family Targeted by Crypto Scam Hack
The Trump family recently fell victim to a hacking incident that compromised their social media accounts to promote a fraudulent crypto scheme. The hacker gained access to the X (formerly Twitter) accounts of Lara and Tiffany Trump, former President Donald Trump’s daughter-in-law and daughter, respectively.
Hackers exploited Lara and Tiffany’s large following to promote a scam involving World Liberty Financial, a decentralized finance (DeFi) project linked to the Trump family. They used the Trumps’ high-profile status to attract followers to a fraudulent governance token associated with the Solana blockchain.
The timing of this hack is particularly noteworthy, as Donald Trump’s team has been planning to launch a crypto platform with the family’s growing involvement in the DeFi space. Moreover, this incident reflects a broader pattern where malicious entities exploit celebrities’ and public figures’ accounts to advertise fraudulent tokens.
Cardano’s Chang Hard Fork: A New Era of Decentralized Governance
Cardano has officially launched its Chang hard fork, marking a major shift toward decentralized governance for the $13 billion blockchain. The upgrade, long-awaited by the community, puts decision-making power in the hands of ADA token holders.
With the Chang hard fork, ADA holders can now elect governance representatives and vote on key development proposals. As outlined in Cardano Improvement Proposal CIP-1694, the upgrade introduces a governance structure comprising three key bodies: the Constitutional Committee, Delegate Representatives (dReps), and Stake Pool Operators (SPOs).
Previously, these governance powers were concentrated in Cardano’s three founding entities. However, with this upgrade, the community gains significant control over the blockchain’s future development.
Cardano founder Charles Hoskinson recently highlighted the significance of this shift, declaring that the “Genesis keys are dead.” This statement symbolizes the blockchain’s move toward a truly decentralized future.
The upgrade will be implemented in two phases. The first phase, currently active, features an Interim Constitutional Committee that will oversee governance for 90 days. After this period, the newly established governance bodies will take full control.
Polygon’s MATIC to POL Migration Kicks Off
Polygon, a leading Layer-2 network built on Ethereum, has begun transitioning from the MATIC token to the new POL token.POL is replacing MATIC as the network’s native token, with the latter currently having a market capitalization of $3.6 billion.
“POL is a hyperproductive token that can be used to provide valuable services to any chain in the Polygon network, including the AggLayer itself. It feels good to know that, as the community builds towards this exciting vision, the network has a future-proof native token that can secure it and support its growth,” Polygon explained.
Migration is a key part of Polygon’s 2.0 roadmap, which aims to enhance the flexibility and scalability of its ecosystem. The transition affects many investors, but most holders on Polygon’s Proof of Stake (PoS) chain will see their tokens automatically converted to POL. However, holders of MATIC on the Ethereum and zkEVM chains may need to migrate their tokens manually through the Polygon Portal Interface.
Read more: How To Buy Polygon (MATIC) and Everything You Need To Know
The POL token will be central to Polygon’s future, serving as the native gas and staking token. It will also be used to generate zero-knowledge proofs and participate in Data Availability Committees (DACs) as part of the Polygon staking hub, which is slated to launch in 2025.
Polygon indicates there is currently no set deadline for MATIC holders to complete the migration. However, it hints that a deadline may be imposed in the future as the transition progresses.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
XRP Falls 12% in a Week as Network Activity Declines

XRP is under heavy selling pressure, down more than 5% in the last 24 hours and over 12% in the past seven days. The recent downturn has been accompanied by increasingly bearish technical indicators, including a sharp spike in trend strength and a collapse in on-chain activity.
With price momentum weakening and user engagement dropping, concerns are mounting over XRP’s ability to hold key support levels. Unless sentiment shifts quickly, the path of least resistance appears to remain to the downside.
DMI Chart Shows The Current Downtrend Is Very Strong
XRP’s Directional Movement Index (DMI) is currently flashing strong bearish signals, with the Average Directional Index (ADX) surging to 47.14 from 25.43 just a day ago.
The ADX measures the strength of a trend, regardless of its direction, and values above 25 generally indicate that a trend is gaining momentum.
A reading above 40—like XRP’s current level—suggests a very strong trend is in play. Given that XRP is currently in a downtrend, this rising ADX points to intensifying bearish momentum and a market leaning heavily toward further declines.

Digging deeper into the DMI components, the +DI, which tracks upward price pressure, has dropped sharply from 20.13 to 5.76. Meanwhile, the -DI, which tracks downward price pressure, has surged from 8.97 to 33.77.
This stark divergence reinforces the bearish trend, indicating that sellers are aggressively taking control while buyer strength fades.
With ADX confirming the strength of this move and directional indicators tilting heavily to the downside, XRP’s price could remain under pressure in the short term unless a significant reversal in sentiment occurs.
XRP Active Addresses Are Heavily Down
XRP’s 7-day active addresses have seen a sharp decline over the past week, following a recent surge to new all-time highs. On March 19, the metric peaked at 1.22 million, signaling strong network activity and user engagement.
However, since then, it has plummeted to just 331,000—a drop of over 70%. This sudden fall suggests that interest in transacting on the XRP has cooled off significantly in a short span of time.

Tracking active addresses is a key way to gauge on-chain activity and overall network health. A rising number of active addresses typically reflects growing user participation, increased demand, and potential investor interest—factors that can support price strength.
Conversely, a sharp decline like the one XRP is currently experiencing can point to weakening momentum and fading interest, which could put additional pressure on price.
Unless user activity begins to rebound, this drop in network engagement may continue to weigh on XRP’s short-term outlook.
XRP Could Drop Below $2 Soon
XRP’s Exponential Moving Average (EMA) lines are currently signaling a strong downtrend, with the short-term EMAs positioned below the longer-term ones—a classic bearish alignment.
This setup indicates that recent price momentum is weaker than the longer-term average, often seen during sustained corrections. If this downtrend continues, XRP could retest the support level at $1.90.
A break below that could open the door to a deeper drop toward $1.77 in April.

However, if market sentiment shifts and XRP price manages to reverse course, the first key level to watch is the resistance at $2.22.
A successful breakout above this point could trigger renewed bullish momentum, potentially driving the price up to $2.47.
If that level also gets breached, XRP could push further to test the $2.59 mark.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
ONDO Whales Retreat as Price Risks Dropping Below $0.70

ONDO is facing notable downside pressure. It has been down over 5% in the last 24 hours and corrected more than 19% over the past 30 days. With its market cap now sitting around $2.5 billion, the coin is way below competitors like Chainlink and Mantra in terms of market cap.
Recent technical indicators and whale behavior suggest that the current weakness may not be over, despite a slight recovery in momentum.
ONDO RSI Is Recovering From Oversold Levels
ONDO’s Relative Strength Index (RSI) is currently sitting at 34 after rebounding slightly from an earlier dip to 27.5. Just two days ago, the RSI was at 54.39, indicating how quickly momentum has shifted.
The RSI is a momentum oscillator that measures the speed and magnitude of recent price changes. It ranges from 0 to 100.
Readings below 30 are typically considered oversold, suggesting the asset may be undervalued and due for a bounce, while readings above 70 are viewed as overbought, indicating potential for a pullback.

With ONDO’s RSI now at 34, it has technically exited oversold territory but remains near the lower end of the scale. This suggests that while the sharpest selling pressure may have eased, the market is still fragile ,and sentiment remains cautious.
If the RSI continues to recover and climbs above 40 or 50, it could signal a shift toward more bullish momentum.
However, if selling resumes and RSI falls back below 30, it would indicate renewed downside risk and potential for further price declines.
Whales Recently Stopped Their Accumulation
The number of ONDO whales—addresses holding between 1 million and 10 million ONDO—fluctuated in late March, initially increasing from 188 to 195 between March 22 and March 26 before declining to 191 in recent days.
This whale activity pattern is significant as these large holders often influence market sentiment and price movements, with their accumulation or distribution phases potentially foreshadowing broader market trends.
Tracking whale addresses provides valuable insights into how influential investors are positioning themselves, which can help predict potential price action.

The failure of Whale addresses to maintain the breakout above 195 and the subsequent return to 191 could signal bearish sentiment among larger investors.
This retreat might indicate that whales are taking profits or reducing exposure, which could create downward price pressure on ONDO in the short term.
When large holders begin to reduce their positions after a period of accumulation, it often precedes price corrections, suggesting that ONDO may experience resistance in maintaining upward momentum until whale confidence returns and accumulation resumes.
Will ONDO Fall Below $0.70 For The First Time Since November?
ONDO’s Exponential Moving Average (EMA) lines are currently aligned in a bearish formation, suggesting the ongoing downtrend may persist. If this weakness continues, ONDO could drop to test the key support level at $0.73.
A break below that would be significant, potentially sending the price under $0.70 for the first time since November 2024.
The token has been struggling to keep pace with other Real World Asset (RWA) coins like Mantra, and this underperformance adds further pressure to ONDO’s short-term outlook.

However, if sentiment shifts and ONDO manages to reverse its trend, the first key level to watch is the resistance at $0.82.
A breakout above this level could trigger a broader recovery, with price targets at $0.90 and $0.95.
If the RWA sector as a whole regains momentum, ONDO could even rise above the $1 mark and aim for the next major resistance at $1.23.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
GRASS Jumps 30% in a Week, More Gains Ahead?

GRASS has surged nearly 30% over the past week, with its market cap climbing back to $415 million and its price breaking above $1.70 for the first time since March 10.
This strong performance has been backed by bullish technical signals, including a consistently positive BBTrend and a rising ADX. However, with momentum indicators beginning to cool slightly, the next few days will be key in determining whether GRASS continues its rally or enters a period of consolidation.
GRASS BBTrend Remains Strong, But Is Slightly Declining
GRASS’s BBTrend is currently at 11.28, marking the fourth consecutive day in positive territory, after peaking at 14.85 two days ago.
The BBTrend (Bollinger Band Trend) indicator measures the strength of price trends by analyzing how far the price moves away from its moving average within Bollinger Bands.
Generally, values above zero indicate an uptrend, while values below zero suggest a downtrend. The higher the positive reading, the stronger the bullish momentum, whereas deep negative values reflect strong selling pressure.

With GRASS maintaining a BBTrend of 11.28, the token is still in an active uptrend, although slightly cooler than its recent peak.
Sustained positive BBTrend readings typically signal that buyers remain in control and that upward momentum could continue.
However, the slight pullback from 14.85 might suggest that momentum is starting to ease. If the BBTrend begins to decline further, it could be an early sign of consolidation or a possible reversal.
For now, GRASS appears to be holding onto bullish momentum, but traders should monitor any shifts in trend strength closely.
GRASS ADX Shows The Uptrend Is Getting Stronger
GRASS is currently in an uptrend, with its Average Directional Index (ADX) rising to 30.31 from 26.49 just a day ago, indicating a strengthening trend momentum.
The ADX is a widely used technical indicator that measures the strength of a trend, regardless of its direction, on a scale from 0 to 100.
Values below 20 suggest a weak or non-existent trend, while readings above 25 indicate that a trend is gaining traction.
When the ADX moves above 30, it typically signals that the trend is becoming well-established and may continue in the same direction.

With GRASS’s ADX now above the 30 threshold, the current uptrend appears to be gaining strength. This suggests that bullish momentum is firming up and that price action may continue favoring the upside in the near term.
As long as the ADX remains elevated or continues climbing, the trend is likely to sustain, attracting more interest from momentum traders.
However, if the ADX begins to plateau or reverse, it could signal a potential slowdown or consolidation phase ahead.
GRASS Could Form A New Golden Cross Soon
GRASS’s Exponential Moving Average (EMA) lines are showing signs of a potential golden cross, a bullish signal that occurs when a short-term EMA crosses above a long-term one.
If this crossover confirms, it could mark the beginning of a sustained uptrend. GRASS is likely to test the immediate resistance at $1.85 as some artificial intelligence coins start to recover good momentum.

Should bullish momentum from the past week persist, the token may push even higher toward $2.26 and eventually $2.56 or $2.79, possibly solidifying its position as one of the best-performing altcoins in the market.
However, if the trend fails to hold and sentiment shifts bearish, GRASS could pull back to retest the support at $1.63.
A break below this level might open the door to a deeper correction, potentially driving the price down to $1.22.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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